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India can save precious foreign exchange to the tune of USD 6.12 billion from its oil import bill by 2021-22 if it achieves the targeted 20 per cent ethanol mix in transportation fuel as per the scheduled timeline, a report said today.

The November 8 ban on high-value currency notes has sent India's economy into a tailspin, as citizens struggle to get their hands on new bills, hindered by a limited stock of freshly-printed notes, daily account withdrawal restrictions, long queues at banks and empty ATM machines.

The billionaire philanthropist's 'The Bill and Melinda Gates Foundation' partnered with a Swiss-based perfume company 'Firmenich' to create a poop smell blocker with the hope to make smelly toilets a thing of past and make a difference in communities with poor sanitation.

Since Prime Minister Narendra Modi announced the sudden removal of 500 and 1,000 rupee notes on November 8 to crack down on corruption and forgeries, banks have been awash in liquidity as households rushed to tender their old bills - putting the brakes on a cash-reliant economy.

Traders in Malaysia, India's largest palm oil supplier taking up half of its imports last year, say the absence of the large bills has already impacted sales. Indian buyers are delaying shipments and cancelling vessel space bookings, and the traders expect them to hold back further in the month ahead.

India can save precious foreign exchange to the tune of USD 6.12 billion from its oil import bill by 2021-22 if it achieves the targeted 20 per cent ethanol mix in transportation fuel as per the scheduled timeline, a report said today.

The November 8 ban on high-value currency notes has sent India's economy into a tailspin, as citizens struggle to get their hands on new bills, hindered by a limited stock of freshly-printed notes, daily account withdrawal restrictions, long queues at banks and empty ATM machines.

The billionaire philanthropist's 'The Bill and Melinda Gates Foundation' partnered with a Swiss-based perfume company 'Firmenich' to create a poop smell blocker with the hope to make smelly toilets a thing of past and make a difference in communities with poor sanitation.

Since Prime Minister Narendra Modi announced the sudden removal of 500 and 1,000 rupee notes on November 8 to crack down on corruption and forgeries, banks have been awash in liquidity as households rushed to tender their old bills - putting the brakes on a cash-reliant economy.

Traders in Malaysia, India's largest palm oil supplier taking up half of its imports last year, say the absence of the large bills has already impacted sales. Indian buyers are delaying shipments and cancelling vessel space bookings, and the traders expect them to hold back further in the month ahead.